The Personal Property Security Regulations

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PERSONAL PROPERTY SECURITY P-6.2 REG 1

ThePersonal Property

Security Regulations

being

Chapter P-6.2 Reg 1 (effective April 1, 1995) as amended bySaskatchewan Regulations 6/95, an Errata Notice(published in The Saskatchewan Gazette, March 31, 1995);87/96; c.L-5.1 Reg 3; 5/2002; 9/2004; and 7/2006; and by theStatutes of Saskatchewan, 1997, c.16.

NOTE:This consolidation is not official. Amendments have beenincorporated for convenience of reference and the original statutesand regulations should be consulted for all purposes of interpretationand application of the law. In order to preserve the integrity of theoriginal statutes and regulations, errors that may have appeared arereproduced in this consolidation.

Consolidated to March 6, 2006

NOTE


PERSONAL PROPERTY SECURITY

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P-6.2 REG 1

Table of Contents

PRELIMINARY

1 Title

2 Interpretation

2.1 Repealed

REGISTRATION

3 Effecting a registration

3.1 Effecting electronic registrations

4 Duration of registration

4.1 Repealed

4.2 Repealed

FORMS

5 Forms to be used

6 Financing statement

7 Signature on financing statement

8 Acceptance of signature by registrar

9 Instructions

REGISTRANT, SECURED PARTYAND DEBTOR NAME

10 Name re individual

11 Name re artificial body

COLLATERAL DESCRIPTION

12 Description of goods

13 Serial numbered goods

14 Description of certain collateral

15 Description of proceeds

16 Writs of execution

17 Repealed

18 Registrations pursuant to certain Acts

19 Crown interest registrations

VERIFICATION

20 Registrar may send verification statement

20.1 Registrar may send notice

20.2 Notice verifying amendment to multiple registrations

20.3 Notice confirming registration throughsystem-to-system interface

21 Repealed

22 Total discharge

SEARCH RESULTS

22.1 Search requests

23 Search result

23.1 Application to withhold information

23.2 Certified copies

MISCELLANEOUS REGISTRY MATTERS

23.3 Amendment affecting multiple registrations

23.4 Registrar’s discretion

24 Correction of registry errors

25 Correction by registrar

25.1 Limit on amount recoverable

26 Submission of forms

27 Repealed

28 Party ID number

29 Repealed

30 Demand pursuant to section 50 of Act

31 Authorized fees re information

32 Authorized fees re receiver

33 Deemed damages

34 Application of registry rules of the Act

35 Repealed

HOURS OF OPERATION

36 Hours of operation

37 Repealed

SECURITY INTERESTS IN FIXTURESAND GROWING CROPS

38 Registration process re fixtures and crops

39 Notice deemed to be financing statement

40 Form for written demand

NON-APPLICATION OF ACT

41 Non-application of the Act

TRANSITION

42 Prior registration law

43 Perfected security interests

44 Discretion of registrar

REPEAL AND COMING INTO FORCE

45 R.R.S. c.P-6.1 Reg 1 repealed

Appendix A

Appendix B – Repealed

Appendix C

Appendix D

Appendix E – Repealed


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CHAPTER P-6.2 REG 1The Personal Property Security Act, 1993

PRELIMINARY

Title1 These regulations may be cited as The Personal Property Security Regulations.

Interpretation2(1) In these regulations:

(a) “Act” means The Personal Property Security Act, 1993;

(b) “aircraft” means any machine capable of deriving support in theatmosphere from the reactions of the air but does not include a machinedesigned to derive support in the atmosphere from reactions against theearth’s surface of air expelled from the machine;

(c) “artificial body” means a partnership, a corporation, an association, anorganization, an estate of a bankrupt, a trade union, a trust, a syndicate or ajoint venture, but does not include an individual or the estate of a deceasedindividual;

(d) “boat” means a vessel designed for transporting persons or things onwater and that is propelled primarily by any power other than muscle power;

(e) “client number” means an identification code assigned by the registrarto a client of the registry;

(f) “collateral” means, respecting registrations, where the registration is:

(i) respecting a security interest, the personal property that is subjectto the security interest;

(ii) authorized pursuant to The Sale of Goods Act or The Factors Act,the goods or documents of title that are the subject of the registration;

(iii) authorized pursuant to The Commercial Liens Act, the goods thatare subject to the registration;

(iv) respecting a Crown interest, the property subject to the Crowninterest;

(vi) authorized pursuant to Part V.1 of The Summary Offences ProcedureAct, 1990, the vehicle owner as defined in section 32.5 of that Act againstwhose vehicle a lien is registered pursuant to that Part.

(g) “Crown interest” means an interest, right, claim, lien or charge createdby statute or common law and held by the Crown in right of Saskatchewan,Canada or a province, or an agent of the Crown, and intended to be registeredfor the sole purpose of determining Crown priority in bankruptcy as set out insection 87 of the Bankruptcy and Insolvency Act (Canada);



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P-6.2 REG 1

(h) “debtor” means, respecting registrations, where the registration is:

(i) respecting a security interest, a debtor as defined in the Act;

(ii) authorized pursuant to The Sale of Goods Act or The Factors Act, aperson who, having sold goods, continues or is in possession of the goodsor of the documents of title to the goods that are the subject of theregistration;

(iii) authorized pursuant to The Commercial Liens Act:

(A) the owner, as defined in subsection 9(1) of that Act, againstwhose interest in goods a lien is claimed pursuant to that Act; and

(B) a person requesting any of the services defined in section 2 ofthat Act in relation to the goods, if that person is not the owner ofthe goods;

(iv) respecting a Crown interest, the person whose interest in propertyis subject to the Crown interest;

(v) respecting a writ of execution pursuant to The Executions Act or theFederal Court Act (Canada), the execution debtor;

(i) “electronic financing change statement” means the electronic versionof a financing change statement made available by the registry;

(j) “electronic financing statement” means the electronic version of afinancing statement made available by the registry;

(k) “financing change statement” means the prescribed printed forms,including schedules to those forms and, where the context permits, includesan electronic financing change statement;

(l) “financing statement” means the prescribed printed forms, includingschedules to those forms and, where the context permits, includes anelectronic financing statement;

(m) “item number” means the number shown on a verification statementor printed search result under the heading “Secured Party”, “Debtor Party” or“Serial Property”;

(n) “mobile home” means any structure, whether ordinarily equipped withwheels or not, that is not self-propelled but that is designed, constructed ormanufactured to be:

(i) moved from one place to another by being towed or carried; and

(ii) used as:

(A) a dwelling house or premises;

(B) a business office or premises; or

(C) accommodation for a purpose other than one described inparagraph (A) or (B);


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(o) “motor vehicle” means a mobile device that is propelled primarily byany power other than muscle power:

(i) in, on or by which a person or thing may be transported or drawn,and that is designed for use on a road or natural terrain; or

(ii) that is used in the construction or maintenance of roads;

and includes a pedal bicycle with a motor attached, a combine and a tractor,but does not include a device that runs on rails or machinery designed only foruse in farming other than a combine or tractor;

(p) “party ID” means an identification code the registrar assigns to asecured party, a registrant or a debtor pursuant to subsection 28(1);

(q) “registrant” means the person registering or submitting for registrationa financing statement or financing change statement and who, in the case of aprinted form, is required to sign the financing statement and financingchange statement pursuant to section 7;

(r) “registration” includes, where the context permits, an amended orrenewed registration;

(s) “RIN” means a registration identification number that may be assignedto a registration by the registry at the request of a registrant;

(t) “secured party” means, respecting registrations, where the registrationis:

(i) respecting a security interest, a secured party as defined in the Act;

(ii) authorized pursuant to The Sale of Goods Act or The Factors Act, aperson who, having bought goods, leaves the goods or the documents oftitle to the goods that are the subject of the registration in the possessionof the seller;

(iii) authorized pursuant to The Commercial Liens Act, the lien claimantpursuant to that Act;

(iv) respecting a Crown interest, the Crown in right of Saskatchewan,Canada or a province, and includes an agent of the Crown;

(v) respecting a writ or execution pursuant to The Executions Act or theFederal Court Act (Canada), the execution creditor;

(vi) authorized pursuant to Part V.1 of The Summary Offences ProcedureAct, 1990, the authority as defined in section 2 of that Act in whosefavour a lien is registered pursuant to that Part;

(u) “serial numbered goods” means a motor vehicle, a trailer, a mobilehome, an aircraft, a boat or an outboard motor for a boat;



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(v) “tractor” means a self-propelled vehicle designed for drawing othervehicles or machines;

(w) “trailer” means a vehicle that is at any time drawn on a public highwayby a motor vehicle and is designed for the conveyance of goods, but does notinclude:

(i) the motor vehicle by which it is drawn; or

(ii) a mobile home;

(x) “writ of execution issued out of the Court of Queen’sBench” includes a certificate issued pursuant to The Creditors’ Relief Act.

(2) For the purposes of search results, verification statements, financing statementsand financing change statements:

(a) “debtor party” means debtor;

(b) “general property” means collateral;

(c) “registrant party” means registrant;

(d) “serial property” means serial numbered goods.

(3) Repealed. 1997, c.16, s.14.

30 Dec 94 cP-6.2 Reg 1 s2; 15 Nov 96 SR 87/96s3; 1997 c16 s14; 8 Feb 2002 SR 5/2002 s3; 17Feb 2006 SR 7/2006 s3.

2.1 Repealed. 1997, c.16, s.14.

REGISTRATION

Effecting a registration3(1) A registration and an amendment to or a renewal or discharge of aregistration is to be effected:

(a) by submitting a financing statement or financing change statement, asthe case may be, to the registry; or

(b) by submitting an electronic financing statement or electronic financingchange statement, as the case may be, to the registry, where permittedpursuant to these regulations.

(2) Where a registration is to be effected by the use of an electronic financingstatement or an electronic financing change statement, the form and method oftransmission is to comply with the requirements of the registry.

(3) The requirements pursuant to these regulations that are applicable to thecompletion of forms to be submitted to the registrar for registration apply, with anynecessary modification, to an electronic financing statement or electronic financingchange statement.


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(4) A registrant is responsible for ensuring that all information on a financingstatement or financing change statement is fully and accurately completed and isin accordance with the Act and these regulations.

(5) The registrar may refuse to permit a registration where, in his or her opinion,the document submitted is ambiguous, illegible or incomplete, or not suitable forthe purposes of registration.

(6) Crown interests may be registered in the registry.

(7) Registration of a Crown interest pursuant to subsection (6) does not otherwiseaffect the priority of an interest in personal property or preclude registration of aninterest held by the Crown pursuant to any provision of the Act or an enactment.

(8) A registration is effective from the time assigned to it when it is entered intothe database of the registry.

(9) Notwithstanding the earlier submission to the registry of a financing statementor financing change statement, the registration of the financing statement orfinancing change statement is not effective before the time assigned to it pursuantto subsection (8).

30 Dec 94 cP-6.2 Reg 1 s3; 17 Feb 2006 SR 7/2006 s4.

Effecting electronic registrations3.1(1) A person may apply to the registrar for permission to electronically registerin the registry:

(a) a financing statement; or

(b) a financing change statement.

(2) In approving an application submitted pursuant to subsection (1), theregistrar may:

(a) determine the type or types of applications the person may electronicallyregister in the registry;

(b) set out the terms and conditions of any agreement that the person mustenter into with the Crown corporation before the person shall be permitted toeffect electronic registrations in the registry;

(c) set out the method by which the person may effect electronic registrationsin the registry; and

(d) specify any other requirements that the registrar considers necessary forthe person to be permitted to effect electronic registrations in the registry.

(3) An agreement required pursuant to clause (2)(b) may contain provisionsrespecting:

(a) the terms and conditions pursuant to which the Crown corporation willpermit the person to effect electronic registrations in the registry;

(b) the level of security that the person requires to effect electronicregistrations in the registry; and

(c) any other matter with respect to effecting electronic registrations thatthe Crown corporation considers advisable.

17 Feb 2006 SR 7/2006 s5.



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Duration of registration4(1) A registration, or a renewal of a registration, respecting a security interest, aCrown interest, an interest pursuant to The Sale of Goods Act or The Factors Act ora lien pursuant to The Commercial Liens Act or Part V.1 of The Summary OffencesProcedure Act, 1990 is effective for the period selected by the registrant, and,notwithstanding The Interpretation Act, 1995, a registration expires on the actualdate of expiry and not on the next business day.

(1.1) Repealed. 1997, c.16, s.14.

(2) For the purposes of subsection (1), a registrant is to select:

(a) the number of years, months and days in whole numbers notexceeding 25 years in total;

(b) a specific expiry date not exceeding 25 years; or

(c) infinity.

(3) A registration respecting a writ of execution is effective:

(a) in the case of a writ of execution issued out of the Court of Queen’s Benchother than a writ mentioned in clause (c), for 10 years from the date of thejudgment, and may be renewed for additional periods of 10 years;

(b) in the case of a writ of execution issued out of the Federal Court ofCanada, for six years from the date of judgment, and may be renewed foradditional periods of six years;

(c) in the case of a writ of execution issued out of the Court of Queen’s Benchto enforce a maintenance order, for infinity.

(4) Repealed. 17 Feb 2005 SR 7/2006 s6.

(5) The expiry date for a registration respecting a writ of execution is to bedetermined pursuant to subsection (3) notwithstanding that the registry mayindicate that the expiry date is five days longer than that period.

(6) Where a writ of execution mentioned in clause (3)(a) or (b) is renewed, theregistrant shall specify the first day of the latest renewal period as the date of thejudgment or the date of the court order that renews the writ.

(7) Repealed. 8 Feb 2002 SR 5/2002 s4.

(8) Repealed. 8 Feb 2002 SR 5/2002 s4.

(9) When a registration respecting a security interest, a Crown interest, aninterest pursuant to The Sale of Goods Act or The Factors Act or a lien pursuant toThe Commercial Liens Act or Part V.1 of The Summary Offences ProcedureAct, 1990 is renewed, the renewal life begins on the date of the expiry of the currentregistration life.

30 Dec 94 cP-6.2 Reg 1 s4; 15 Nov 96 SR 87/96s5; 8 Feb 2002 SR 5/2002 s4; 17 Feb 2005 SR 7/2006 s6.

4.1 Repealed. 1997, c.16, s.14.

4.2 Repealed. 1997, c.16, s.14.


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FORMS

Forms to be used5 Unless otherwise permitted by the registrar, registration data, when submittedto the registry in printed format, must be in the prescribed form.

17 Feb 2005 SR 7/2006 s7.

Financing statement6(1) A financing statement in Form A of Appendix A is to be used to effect anoriginal registration:

(a) respecting a security interest;

(b) authorized pursuant to The Sale of Goods Act or The Factors Act;

(c) respecting a Crown interest;

(d) respecting a writ of execution issued out of the Court of Queen’s Bench;

(e) respecting a writ of execution issued out of the Federal Court of Canada;

(f) respecting a writ of execution issued out of the Court of Queen’s Bench toenforce a maintenance order;

(g) authorized pursuant to The Commercial Liens Act;

(h) respecting a lien authorized pursuant to Part V.1 of The SummaryOffences Procedure Act, 1990.

(2) A registration respecting a security interest that has been discharged or thathas lapsed may be re-registered pursuant to subsection 35(7) of the Act by afinancing statement in Form A of Appendix A.

(3) Repealed. 8 Feb 2002 SR 5/2002 s5.

(4) Subject to section 20.2, a financing change statement in Form B or Form C ofAppendix A is to be used to effect an amendment, renewal or discharge of aregistration referred to in subsection (1) or (2) or to renew a registration pursuantto prior registration law as provided in subsection 42(2).

(5) In subsection (4):

(a) “amendment” includes:

(i) a change to the name of the registrant, secured party or debtor;

(ii) the addition, deletion or substitution of collateral;

(iii) the correction of an error on the part of the registry in recordinginformation from printed financing statements or financing changestatements delivered to the registry;

(iv) a transfer of all or part of a debtor’s interest in collateral describedin a registration relating to an interest mentioned in clauses (1)(a) to (c);

(v) a transfer of all or part of a security interest with respect to which aregistration exists;

(vi) an amendment pursuant to subsection 50(5) of the Act;



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(vii) an amendment or discharge in accordance with a court orderpursuant to subsection 50(9) of the Act;

(vii.1) an assignment of a lien pursuant to The Commercial Liens Actwith respect to which a registration exists;

(viii) any other change in a registration, other than the type ofregistration, relating to information that may be included on a financingstatement or a financing change statement as provided in theseregulations;

(b) “discharge” includes a discharge of a registration pursuant tosubsection 50(5) of the Act.

(6) A sheriff may deliver a notice in writing of the seizure of a security interestpursuant to section 11.1 of The Executions Act in the form of a financing changestatement in which:

(a) the sheriff is specified as the registrant;

(b) the execution debtor is specified as the debtor; and

(c) the execution creditor is specified as the secured party.

30 Dec 94 cP-6.2 Reg 1 s6; 8 Feb 2002 SR 5/2002 s5; 17 Feb 2005 SR 7/2006 s8.

Signature on financing statement7 A financing statement or financing change statement is to be signed by:

(a) the secured party or other person authorized to sign on behalf of thesecured party in the case of a registration:

(i) respecting a security interest;

(ii) authorized pursuant to The Sale of Goods Act or The Factors Act;

(iii) authorized pursuant to The Commercial Liens Act; or

(iv) respecting a Crown Interest;

(v) authorized pursuant to Part V.1 of The Summary Offences ProcedureAct, 1990;

(b) a person entitled to register a financing change statement pursuant tosection 50(5) of the Act;

(c) a person who obtains a court order pursuant to subsection 50(9) of theAct; or

(d) the sheriff, in the case of the seizure of a security interest pursuant tosection 11.1 of The Executions Act.



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Acceptance of signature by registrar8 The registrar may permit the registration of a financing statement or financingchange statement without proof that:

(a) the signature on a financing statement or financing change statement isthat of a person mentioned in section 7;

(b) the registrant ID, the secured party ID or the debtor party ID given onthe form is the party ID assigned to the registering party submitting the formfor registration or assigned to the secured party or debtor party identified onthe form; or

(c) the registrant has authority to effect the registration.

30 Dec 94 cP-6.2 Reg 1 s8.

Instructions9 Registrants shall complete the forms required pursuant to these regulations inaccordance with these regulations.


REGISTRANT, SECURED PARTY AND DEBTOR NAME

Name re individual10(1) If a registrant, secured party or debtor is an individual, the name of thatindividual is to be specified by the individual’s last name followed by theindividual’s first name, then the individual’s second and third names, if any.

(1.1) In the case of a deceased individual, the designation ‘Estate’ must beselected.

(2) If the name of an individual mentioned in subsection (1) or (1.1) or a personmentioned in subsection 11(4) or (5) does not consist of both a first name and a lastname, the individual’s name shall be shown as his or her last name.

(3) If an individual’s name includes a generational designation, the appropriatedesignation must be selected.

(4) Where the debtor is an individual and carries on business under a name orstyle other than the individual’s own name:

(a) the individual’s own name is to be given; and

(b) the business name or style may be set out in the area of the financingstatement or financing change statement for business debtors.




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Name re artificial body11(1) Where the debtor is an artificial body, in the form of a body corporate, theregistered name of the body corporate is to be specified.

(2) Notwithstanding subsection (1), the name of a debtor is to be specified as eachof the forms of the debtor name used in business transactions in Saskatchewan setout as separate debtor names where:

(a) the debtor is a body corporate and the name of the debtor is in an Englishform, a French form or a combined English-French form or more than one ofthese forms; and

(b) the debtor uses more than one form of its name in business transactionsin Saskatchewan at the time of registration.

(3) Repealed. 17 Feb 2006 SR 7/2006 s12.

(4) Where the debtor is a trustee acting for an artificial body in the form of a trustand:

(a) the document creating the trust designates a name for the trust, thename of the trust followed by the word “trust” is to be specified; or

(b) the document creating the trust does not designate a name for the trust,the name, subject to subsection 10(2), is to be specified by the trustee’s firstname, followed by the trustee’s second and third names, if any, followed by thetrustee’s last name, followed by the word “trustee”.

(5) If the debtor is a trustee acting for an artificial body in the form of an estate ofa bankrupt individual, the name, subject to subsection 10(2), is to be specified bythe bankrupt’s first name, followed by the bankrupt’s second and third names, ifany, followed by the bankrupt’s last name, followed by the word “bankrupt”.

(6) Where the debtor is an artificial body in the form of a bankrupt artificial body,the name of the artificial body is to be followed by the word “bankrupt”.

(7) Where the debtor is an artificial body in the form of a trade union, the name isto be specified by the name of the trade union, and the names of each individualrepresenting the trade union in the transaction giving rise to the registration are tobe specified in the manner provided for an individual in subsections 10(1) to (3) or abody corporate in subsections (1) and (2), as the case may be.

(8) If the debtor is a debtor because of membership in or association with anartificial body that is not a corporation or trade union, the name of the debtor is tobe specified as follows:

(a) in the case of an artificial body that is a partnership that is registeredpursuant to The Business Names Registration Act, the registered name of thepartnership;


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(b) in the case of an artificial body that is a partnership and is not registeredpursuant to The Business Names Registration Act, the name of the partnershipand at least one of the partners whose name is to be specified in the mannerprovided for an individual in subsections 10(1) to (3) or a body corporate insubsections (1) and (2), as the case may be;

(c) in the case of an artificial body that is an unincorporated association ororganization, the name as set out in the constitution, charter or otherdocument creating the association or organization and the name of eachperson representing the artificial body in the transaction giving rise to theregistration in the manner provided for an individual in subsections 10(1)to (3);

(d) in the case of an artificial body that is a syndicate or joint venture, thename of the syndicate or joint venture set out in the document creating it andthe name of each party to or participant in it;

(e) in the case of an artificial body other than one mentioned in clauses (a)to (d), the name of the artificial body and the name of each personrepresenting the artificial body in the transaction giving rise to the registrationin the manner provided for an individual in subsections 10(1) to (3) or a bodycorporate in subsections (1) and (2) as the case may be.

(9) For the purposes of this section, a person representing an artificial body in atransaction is a person who has the power to bind the artificial body or its officersand members and who has exercised that power in the formation of the contractinvolved in the transaction giving rise to the registration.

(10) Where a registrant or secured party is an artificial body, the name to be usedin a financing statement or financing change statement is to be set out pursuant tothis section.


COLLATERAL DESCRIPTION

Description of goods12(1) Where a registration respecting a security interest in goods that are serialnumbered goods is to be effected:

(a) the goods are to be described in accordance with section 13 where thegoods are consumer goods; and

(b) the goods may be described in accordance with section 13 or 14 where thegoods are equipment or inventory.

(2) Where a registration respecting a security interest in collateral that are notserial numbered goods is to be effected, the goods shall be described in accordancewith section 14.

30 Dec 94 cP-6.2 Reg 1 s12.



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Serial numbered goods13(1) The description of collateral that is a serial numbered good is to include thefollowing:

(a) the appropriate code from Table 1 of Appendix D for the type of the good;

(b) the last 25 characters of the serial number as described in subsection (2);

(c) the make, name of manufacturer or description of the good;

(c.1) the year of the good, if desired;

(d) the model of the good, if desired;

(e) the colour of the good, if desired.

(2) For the purposes of clause (1)(b), the serial number for:

(a) a trailer, mobile home or motor vehicle other than an automobile or truckis the serial number located on the chassis;

(b) an automobile or truck is the vehicle identification number located on thebody frame;

(c) a boat that is of a type:

(i) that can be registered, recorded or licensed pursuant to the CanadaShipping Act (Canada) is the registration, recording or licensing numberthat is assigned to the boat; or

(ii) not referred to in subclause (i), is the serial number of the boat;

(d) an aircraft that must be registered pursuant to the Aeronautics Act(Canada) is the registration marks assigned to the airframe by the Departmentof Transport;

(e) an aircraft, other than an aircraft referred to in clause (d), that must beregistered pursuant to the laws of a state that is a party to the Convention onInternational Civil Aviation 1944 (Chicago) is the registration marks assignedto the airframe by the relevant licensing authority as described in theConvention;

(f) an aircraft, other than an aircraft referred to in clauses (d) and (e), is theserial number of the airframe; and

(g) goods that do not have a serial number affixed as described in clauses (a)to (f) is the serial number assigned to the goods by SGI prior to theregistration and, where no serial number has been assigned, the serialnumber is a six character number that is permanently marked on or attachedto the goods in a prominent place on the goods.

(3) Except as otherwise provided, for the purposes of subsection (2), a serialnumber:

(a) is a serial or identification number permanently marked on or attachedto the collateral by the manufacturer; and

(b) includes only alpha-numeric characters and does not include punctuation,hyphens or other markings.



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Description of certain collateral14(1) Collateral that is not a serial numbered good and collateral that is a serialnumbered good held as inventory or equipment but not described in accordancewith section 13 is to be described in accordance with subsections (2) and (3).

(2) The collateral referred to in subsection (1) is to be described in one or more ofthe following ways:

(a) by item or kind or as “goods”, “chattel paper”, “security”, “document oftitle”, “instrument”, “money” or “intangible”;

(b) by a statement indicating that the security interest has been taken in allof the debtor’s present and after-acquired personal property;

(c) by a statement indicating that the security interest has been taken in allof the debtor’s present and after-acquired personal property, except specifieditems or kinds of personal property, or except property described as “goods”,“chattel paper”, “security”, “document of title”, “instrument”, “money” or“intangible”;

(d) as “inventory”, but that description is valid for the purposes of thissection only while the collateral is held by the debtor as inventory.

(3) A description is inadequate for the purposes of subsection (2) if it describes thecollateral as “consumer goods” or “equipment” without further reference to the kindof goods.

30 Dec 94 cP-6.2 Reg 1 s14.

Description of proceeds15 Where collateral is proceeds that are described pursuant to clause 28(2)(a) orsubsection 28(3) of the Act:

(a) if the proceeds are serial numbered goods that are consumer goods, thegoods are to be described pursuant to section 13;

(b) if the proceeds are serial numbered goods that are equipment, the goodsmay be described:

(i) pursuant to section 13; or

(ii) pursuant to section 14, but the description is to be preceded by theword “proceeds”; or

(c) if the proceeds are inventory or collateral other than serial number goods,the collateral is to be described pursuant to clause 14(2)(a) and subsection 14(3),but the description is to be preceded by the word “proceeds”.

30 Dec 94 cP-6.2 Reg 1 s15.



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Writs of execution16(1) The words ‘all of the goods and lands of the debtor within Saskatchewan’are to be inserted in the ‘General Collateral’ area of a financing statement if theregistrant wishes to register:

(a) a writ of execution issued out of the Court of Queen’s Bench;

(b) a writ of execution issued out of the Court of Queen’s Bench to enforce amaintenance order; or

(c) a writ of execution issued out of the Federal Court of Canada.

(2) A registrant shall insert the words “all of the lands of the debtor withinSaskatchewan” in the “General Collateral” area of a financing statement where theregistrant wishes to register a maintenance order as defined in The Enforcement ofMaintenance Orders Act, 1997.

(3) Repealed. 17 Feb 2006 SR 7/2006 s14.

6 Jly 2001 cL-5.1 Reg 3 s11; 17 Feb 2006 SR 7/2006 s14.

17 Repealed. 8 Feb 2002 SR 5/2002 s7.

Registrations pursuant to certain Acts18 When a registration authorized pursuant to The Sale of Goods Act, The FactorsAct, The Commercial Liens Act or Part V.1 of The Summary Offences ProcedureAct, 1990 is to be effected:

(a) goods that are serial numbered goods are to be described pursuant tosection 13; and

(b) goods other than serial numbered goods are to be described by item orkind.

17 Feb 2006 SR 7/2006 s15.

Crown interest registrations19 Where a registration in relation to a Crown interest is to be effected, thecollateral affected by the interest shall be described as provided in section 14followed by the name of the statute or brief description of the law pursuant to whichthe interest arose.

30 Dec 94 cP-6.2 Reg 1 s19.


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VERIFICATION

Registrar may send verification statement20(1) When a registration is effected or amended by a registrant, the registrarmay send to the registrant and to the debtors named in the registration, by anymethod determined by the registrar, a verification statement to confirm theregistration or amendment.

(2) When a registration is totally discharged by a registrant, the registrar maysend to the registrant and to all secured parties named in the registration beingdischarged, by any method determined by the registrar, a verification statement toconfirm the total discharge.

(3) For the purposes of subsection 43(12) of the Act, a verification statementissued by the registry includes a transmission of data comprising the verificationstatement for the purpose of having it displayed electronically to the registrant orsecured party.

17 Feb 2006 SR 7/2006 s16.

Registrar may send notice20.1(1) When a registration is effected by the registrar, the registrar may send tothe registrant and to the debtors named in the registration, by any methoddetermined by the registrar, a notice of the registration.

(2) When a registration is amended by the registrar, the registrar may send to theregistrant and to the debtors and secured parties named in the registration, by anymethod determined by the registrar, a notice of the amendment.

(3) When a registration is totally discharged by the registrar, the registrar maysend to the registrant and to the debtors named in the registration, by any methoddetermined by the registrar, a notice of the total discharge.

17 Feb 2006 SR 7/2006 s16.

Notice verifying amendment to multiple registrations20.2 If a registration simultaneously amends multiple registrations in accordancewith section 23.3, the registrar may send to the registrant, by any methoddetermined by the registrar, a notice verifying the amendment.

17 Feb 2006 SR 7/2006 s16.

Notice confirming registration through system-to-system interface20.3 When a registration is effected, amended or totally discharged by aregistration through a system-to-system interface between the registrant and theregistry, the registrar may send to the registrant, by any method determined by theregistrar, a notice to confirm the registration, amendment or total discharge.

17 Feb 2006 SR 7/2006 s16.

21 Repealed. 17 Feb 2006 SR 7/2006 s17.



18

P-6.2 REG 1

Total discharge22(1) Repealed. 17 Feb 2006 SR 7/2006 s18.

(2) A total discharge discharges the original financing statement and all financingchange statements registered in relation to that financing statement.


SEARCH RESULTSSearch requests

22.1 A person who wishes to search the registry may submit a search request tothe registry:

(a) orally or in printed format; or

(b) electronically in a form and manner that meets the electronic searchrequirements of the registry.

17 Feb 2006 SR 7/2006 s19.

Search result23(1) In this section and in section 23.1, “search result” means the informationsupplied to a person pursuant to section 48 of the Act.

(2) For the purposes of subsection 48(2) of the Act, a search result issued by theregistry includes:

(a) an oral or printed search result provided to a person who submits asearch request pursuant to clause 22.1(a);

(b) a transmission of data comprising the search result for the purpose ofhaving it displayed electronically to the person requesting the search; and

(c) if requested, a printed search result.

(3) A search result provided by the registry:

(a) is to include information actively maintained in the registry correspondingto the search criterion or criteria specified by the person requesting thesearch; and

(b) may include information actively maintained in the registry correspondingto a search criterion or criteria similar to those specified by the personrequesting the search.

17 Feb 2006 SR 7/2006 s20.

Application to withhold information23.1(1) An individual may apply to the registrar to have information about his orher address withheld from a search result issued by the registry if:

(a) the applicant has obtained a peace bond, restraining order ornon-molestation order against another individual; or


19


(b) there is in effect an order of judicial interim release or of probationcontaining a condition that the individual named in the order shall notcommunicate or have contact with the applicant.

(2) On receipt of an application pursuant to subsection (1) in a form acceptable tothe registrar, and if the name and address of the applicant as set out in theapplication exactly match the name and address of that person on record in theregistry, the address information of the applicant shall be withheld from everysearch result respecting registrations in which the applicant is named as aregistrant, debtor or secured party.

(3) The address information of the applicant shall continue to be withheld inaccordance with subsection (2) until the applicant provides the registrar withwritten authorization that the withholding of the applicant’s address informationis no longer required.

17 Feb 2006 SR 7/2006 s20.

Certified copies23.2 For the purposes of subsections 48(2) and (3) of the Act, the registrar maycertify a copy of a printed document in the registry or a printout of a documentrecorded and stored in the registry:

(a) by:

(i) affixing the registrar’s seal to the copy or printout;

(ii) signing the copy or printout; and

(iii) affixing to the copy or printout the date on which the copy orprintout was prepared; or

(b) by printing the document on the security paper of the registry.

17 Feb 2006 SR 7/2006 s20.

MISCELLANEOUS REGISTRY MATTERS

Amendment affecting multiple registrations23.3(1) A secured party or a person authorized by the secured party may apply tothe registrar to effect a registration, in relation to all existing registrationsaffecting the secured party, to change:

(a) the address of the secured party;

(b) the name of the secured party; or

(c) the RIN of the secured party.

(2) An application pursuant to subsection (1) must include evidence satisfactoryto the registrar that the applicant is the secured party or has the authority to effectthe requested change on behalf of the secured party.

17 Feb 2006 SR 7/2006 s21.



20

P-6.2 REG 1

Registrar’s discretion23.4 Notwithstanding the requirements of the Act or these regulations, if it isconsistent with the purposes and intent of the Act, the registrar may permit anyregistration.

17 Feb 2006 SR 7/2006 s21.

Correction of registry errors24(1) Where an error has been made by the registry in recording informationprovided in a printed financing statement or a printed financing change statement,the registrant shall:

(a) complete a financing change statement correcting the error; and

(b) indicate on the financing change statement that the change is due toregistry error.

(2) A correction pursuant to subsection (1) is not to be made in conjunction withany other amendment, discharge or renewal.

30 Dec 94 cP-6.2 Reg 1 s24.

Correction by registrar25(1) The registrar may register a financing statement or financing changestatement to correct any error of the registry in effecting a registration and maysign or submit electronically the financing statement or financing change statementas the registrant.

(2) Changes to a registration made by the registrar pursuant to subsection (1) areeffective only from the time when the changes are made and have no retroactiveeffect.

30 Dec 94 cP-6.2 Reg 1 s25.

Limit on amount recoverable25.1(1) The limit on the total amount recoverable in a single action pursuant tosection 52 of the Act is $300,000.

(2) The limit on the total amount recoverable for all claims in a single actionpursuant to section 53 of the Act is $2,400,000.

10 Feb 95 SR 6/95 s3.

Submission of forms26(1) Any printed form prescribed pursuant to these regulations may be submittedfor registration by delivery or by mail at the office of the registry in Regina.


21


(2) Subject to subsection (4), an electronic financing statement and an electronicfinancing change statement may be submitted to the registry respecting any of thefollowing:

(a) a security interest;

(b) an interest pursuant to The Sale of Goods Act or The Factors Act;

(c) a writ of execution issued out of the Court of Queen’s Bench;

(d) a writ of execution issued out of the Court of Queen’s Bench to enforce amaintenance order;

(e) a writ of execution issued out of the Federal Court of Canada;

(f) a lien pursuant to The Commercial Liens Act;

(g) a lien pursuant to Part V.1 of The Summary Offences ProcedureAct, 1990.

(3) Repealed. 17 Feb 2006 SR 7/2006 s22.

(4) An electronic financing change statement may not be submitted if it relates to:

(a) an amendment correcting an error of the registry;

(b) a discharge or amendment pursuant to subsections 50(5) and (9) of theAct; or

(c) an amendment pursuant to an order of the Court of Queen’s Bench or ofany other court, unless the amendment is pursuant to an order extending thelife of a writ of execution.


27 Repealed. 17 Feb 2006 SR 7/2006 s23.

Party ID number28(1) The registrar may assign a party ID number to a secured party, registrantor debtor, and the number may be set out in the financing statement or financingchange statement instead of the name and address of the secured party, registrantor debtor.

(2) If a party ID number is specified in a financing statement or financing changestatement in addition to a name and address, and there is a conflict between thename or address to which the party ID number refers and the name or addressspecified in the financing statement or financing change statement, the name oraddress specified in the financing statement or financing change statement is of noeffect.

30 Dec 94 cP-6.2 Reg 1 s28.

29 Repealed. 17 Feb 2006 SR 7/2006 s24.



22

P-6.2 REG 1

Demand pursuant to section 50 of Act30(1) Where the debtor or any person with an interest in the property demands asecured party to discharge or amend an interest pursuant to subsection 50(3) of theAct, the party shall deliver a Demand to Secured Party in Form A of Appendix C tothat secured party.

(2) Where, for the purposes of subsection 50(5) of the Act, a person is required toprovide the registrar with proof that a demand has been given to a secured party,that proof may be made in Form B of Appendix C.

30 Dec 94 cP-6.2 Reg 1 s30.

Authorized fees re information31 The fee that may be required by a person to whom a demand has been madepursuant to section 18 of the Act is:

(a) $15; and

(b) $0.50 for each page of a security agreement or amendment to a securityagreement where a copy of the security agreement has been demanded.

30 Dec 94 cP-6.2 Reg 1 s31.

Authorized fees re receiver32 The fee that may be required by a receiver pursuant to subsection 64(7) of theAct is:

(a) $15; and

(b) $0.50 for each page of a financing statement or final account where acopy of a financing statement or final account has been demanded.

30 Dec 94 cP-6.2 Reg 1 s32.

Deemed damages33 The amount of damages payable pursuant to subsections 65(6) and (7) of theAct is $200.

30 Dec 94 cP-6.2 Reg 1 s33.

Application of registry rules of the Act34(1) The following provisions of the Act are also applicable to registrations ofCrown interests and registrations pursuant to The Executions Act:

(a) subsections 43(1) to (3) and (6) to (11);

(b) subsections 44(2) and (3);

(c) sections 46 to 48, except for clause 48(1)(b);

(d) section 52;

(e) section 54.

(2) Repealed. 8 Feb 2002 SR 5/2002 s8.


23


(3) Subsections 50(1), (5) to (7) and (10) and clauses 50(3)(a) and (4)(a) of the Actare also applicable to registrations of Crown interests and registrations pursuant toThe Executions Act except that the “security agreement” in clause 50(3)(a) is to beunderstood as referring to a Crown interest or writ of execution, as the case may be.


Fees35(1) Repealed. 26 Mar 2004 SR 9/2004 s3.

(2) Repealed. 6 Jly 2001 cL-5.1 Reg 3 s12.

HOURS OF OPERATION

Hours of operation36(1) Subject to subsection (2) or a suspension of registry functions:

(a) the registry office is to be open to the public for the same hours that theLand Titles Registry is open to the public; and

(b) the electronic registry system is to be open to the public at all times,except for those times required for routine maintenance of the system.

(2) The registrar may alter the hours of operation of the registry office or of theelectronic registry system if the registrar considers it necessary to do so:

(a) to meet the public interest; or

(b) to meet emergency or unforeseen circumstances.

17 Feb 2006 SR 7/2006 s26.

37 Repealed. 17 Feb 2006 SR 7/2006 s27.

SECURITY INTERESTS IN FIXTURES AND GROWING CROPS

Registration process re fixtures and crops38(1) A registration pursuant to section 49 of the Act of a security interest ingoods that are or may become fixtures, or in crops that are or may become growingcrops, is to be effected by registering an interest in the Land Titles Registry againstthe title to the land to which the goods are affixed or are to be affixed or on whichthe crops are growing or are to be growing, as the case may be.

(1.1) An application to register an interest in the Land Titles Registry pursuant tosubsection (1) must be accompanied by Form C of Appendix C.

(2) Where a secured party who has registered a security interest in accordancewith subsection (1) wishes to amend or renew registration of that interest, or wherethe secured party assigns, discharges or subordinates the security interest orreleases part of the collateral from the security interest, the secured party shallapply to the Registrar of Titles to amend the registration of that interestaccordingly.

(2.1) An application pursuant to subsection (2) must be accompanied by Form D ofAppendix C.



24

P-6.2 REG 1

(3) Where Form C or D of Appendix C is used in accordance with this section, theForm must be signed by the secured party or by his or her agent and be witnessed.

(4) An affidavit of execution in Form E of Appendix C and, in any case where anagent is acting on behalf of the secured party, an affidavit verifying the notice inForm F of Appendix C is to be annexed to any Form submitted to the Registrar ofTitles pursuant to this section.

(5) Where Form C or D of Appendix C is executed by a corporation under itscorporate seal, no witness or affidavit of execution is required.

(6) This section applies with any necessary modification to registrations pursuantto The Sale of Goods Act and The Factors Act.

30 Dec 94 cP-6.2 Reg 1 s38; 6 Jly 2001 cL-5.1Reg 3 s15.

Notice deemed to be financing statement39 The notice mentioned in subsection 38(1) is deemed to be a financingstatement for the purposes of section 18 of the Act.

30 Dec 94 cP-6.2 Reg 1 s39.

Form for written demand40(1) A written demand mentioned in subsection 49(7) of the Act is to be inForm G of Appendix C.

(2) Where, for the purposes of subsection 49(9) of the Act, a person is required toprovide the registrar with proof that a demand has been given to a secured party,that proof may be made in Form H of Appendix C.

30 Dec 94 cP-6.2 Reg 1 s40.

NON-APPLICATION OF ACT

Non-application of the Act41(1) In this section, “telephone switchboard” means electronic, automatic ormanually operated local telephone office equipment that serves extensions in abusiness complex and provides access to the public switched network.

(2) The Act does not apply to the leasing of:

(a) telephones;

(b) telephone switchboards;

(c) telephone switchboard consoles;

(d) telephone jacks;

(e) telephone plugs; or

(f) telephone wiring.

30 Dec 94 cP-6.2 Reg 1 s41.


25


TRANSITION

Prior registration law42(1) In this section, “prior registration law” means:

(a) The Corporation Securities Registration Act as it existed on April 30, 1981;or

(b) The Personal Property Security Act as it existed on the day before the dayon which section 1 of the Act comes into force.

(2) When a registration effected pursuant to prior registration law is continued bysection 74 of the Act and that registration is to be renewed:

(a) a financing change statement in Form B or Form C of Appendix A is to beused;

(b) the debtor’s name is to be specified pursuant to sections 10 and 11; and

(c) the collateral is to be described pursuant to sections 12 to 15.


Perfected security interests43 When a registration is effected relating to a security interest deemed perfectedby section 74 of the Act:

(a) a financing statement in Form A of Appendix A is to be used;

(b) the debtor’s name is to be specified as provided in sections 10 and 11;

(c) the collateral is to be described pursuant to sections 12 to 15; and

(d) “The perfected status of the security interest to which this registrationrelates may predate this registration” is to be placed in the “GeneralCollateral” field of the financing statement before the collateral description.

30 Dec 94 cP-6.2 Reg 1 s43.

44 Repealed. 17 Feb 2006 SR 7/2006 s29.

REPEAL AND COMING INTO FORCE

R.R.S. c.P-6.1 Reg 1 repealed45 The Personal Property Regulations are repealed.

30 Dec 94 cP-6.2 Reg 1 s45.



26

P-6.2 REG 1

Appendix A

Client Reference # _________________________________________

Account Number __________________ Password _____________________________

Select one option only:

Party ID # ____________ — _______ (DO NOT provide name and address if Party ID # is entered.)

OR

Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________

Second Name ________________________________________ Third Name _____________________________________

Generation _____________________ Estate Date of Birth __________________________

Address 1 (max 100 characters) _________________________________________________________________________


City _____________________________________________________ Province/State ______________________________

Country ________________________________________________Postal/Zip Code _________________________

Note: If no output is selected, SPPR will mail results to Registrant address. Appropriate fee will apply. Fee schedule

is posted at www.isc.ca

Attention ___________________________________mandatory Phone # _____________________________ mandatory

Mail—will use mailing address from Registrant Section

Fax #______________________________________

Email Address ______________________________

CD—will use mailing address from Registrant Section

ISCFS 20060213 Page 1 of 4

Financing Statement—Form A

Ou

tpu

t S

ele

cti

on

Reg

istr

an

tC

lien

t

Info

rm

ati

on

Control # in this is Use this Control # for future

0123456778898 reference regarding this document

The following abbreviations are used in this form: CI—PPSA Crown Interest; CL—Commercial Lien; FW—Federal Writ of Execution;

MO—Maintenance Order; MW – Maintenance Writ of Execution; PW—Provincial Writ of Execution/Creditors’ Relief Certificate;

SA—Personal Property Security Agreement; SG—The Sale of Goods Act/The Factors Act; SOPA—The Summary Offences Procedure Act, 1990.


27


Registration Type

The Personal Property Security Act, 1993

The Commercial Liens Act

The Sale of Goods Act/The Factors Act

PPSA Crown Interest

SOPA—The Summary Offences Procedure Act, 1990

Registration Life (select one option only)

Expiry Date dd-mmm-yyyy Or Infinity

Or

Years _________ Months _________ Days ____________

Registration Type

Provincial Writ of Execution/Creditors’ Relief

Certificate—10 Years from Judgment Date

Federal Writ of Execution—6 Years from Issue

Maintenance Writ (Infinity)

Maintenance Order (Infinity)

Registration Life

Judgment/Issue Date dd-mmm-yyyy mandatory

Max 250 Characters

None subsection 35(7) of The Personal Property Security Act, 1993 Act Change

Linked Registration # _________________________ (mandatory if item selected)

Court Order Information—Applicable to Court Orders only

Court Order Date ____________________ mandatory Court Order Judicial Centre ___________________ optional

Court Order # _______________________ mandatory Court Order Writ Amount _____________________ optional

Applicable to PPSA only Applicable to Writs of Execution and Maintenance Orders only

Trust Indenture Court # ________________________________________ mandatory

Judicial Centre _____________________________________ optional

Writ Amount ______________________________________ optional

Select one option only: (If additional Secured Parties required, complete Schedule 1 to Form A.)

Same as Registrant OR Party ID # ____________ - ______ (DO NOT provide name and address if Party ID # is entered.)

OR

Business Name _______________________________________________________________________________________

_________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________


Generation _______________________ Estate Date of Birth __________________________






Sec

ure

d P

art

y (

Exec

uti

on

Cre

dit

or/

Bu

yer

)N

ota

tion

sC

ou

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ink

edT

ran

sact

ion

Ord

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yp

e

Des

crip

tio

n



28

P-6.2 REG 1

Select one option only: (If additional Debtor Parties required, complete Schedule 2 to Form A.)

1st Debtor Party:


OR

Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________







2nd Debtor Party:


OR

Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________







Serial Property (Applicable to PPSA, SG, CL, SOPA only) (If additional Serial Property required, complete Schedule 3 to Form A.)

Serial Type Code

MV – Motor vehicle AS – Aircraft serial # MH – Mobile home BO – Boat

OM – Outboard motor AC – Aircraft DOT TR – Trailer

Double check your serial number. MV serial numbers will be validated as to structure. If an MV serial number does not pass this

validation, this form will be returned to the submitter. If the serial number is correct, despite failing validation, select

Override to proceed.

1st Serial Property

Serial Type __________________ Serial # ___________________________________ Override

Year __________ Make/Description ___________________________ Model _________________ Colour ____________


Deb

tor

Part

y (

Exec

uti

on

Deb

tor/

Sel

ler)


29


2nd Serial Property



If additional General Property required, complete Schedule 4 to Form A.

Select one option only. If nothing is selected, the default will be “None”.

System Generated Client Selected RIN ______________________ (no spaces) None

Authorization

Printed Name ________________________________________________________________________________________

Name of Agent, if applicable ____________________________________________________________________________

Signature of Printed Name __________________________________________ Telephone # ________________________

For Office Use only

Date Processed: _____________________________ CSC Regina CSC Humboldt Mail

Initials Processed by: _________________________ CSC Saskatoon CSC Moose Jaw Fax

CSC Yorkton CSC Battleford Email

CSC Prince Albert CSC Swift Current

Credit Card Payment Method

Payment by Credit Card:

Visa Master Card Control # from form: ____________________

Card # ________________________________ Expiry Date ___________________________

Amount $ _____________________________ Financial Account # _____________________

Printed Name ________________________________________________________________

Signature of Card Holder _______________________________________________________

Send to Saskatchewan Personal Property Registry by: email: [email protected] OR fax: (306) 787-8187

OR

Mail to Saskatchewan Personal Property Registry, 260–10 Research Drive, Regina, SK. S4S 7J7


RIN

Gen

era

l

Pro

per

ty



30

P-6.2 REG 1

Additional Secured Parties

Schedule 1 to Form A

Attach this schedule only when supplying additional information with a Financing Statement. If you require

assistance, contact ISC at 1-866-275-4721 or [email protected].

Secured Party (Execution Creditor; Buyer)



OR

Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________









OR

Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________







______________________________________________

Insert control number from Financing Statement

ISCFCS 20060213 Page 1 of 1


31


Additional Debtor Parties


Attach this schedule only when supplying additional information with a Financing Statement. If you require assistance,

contact ISC at 1-866-275-4721 or [email protected].

Secured Party (Execution Creditor; Buyer)



OR

Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________









OR

Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________







______________________________________________


ISCFSAD13/01/2006 Page 1 of 1



32

P-6.2 REG 1

Additional Serial Property


Attach this schedule only when supplying additional information with a Financing Statement. If you require assistance,

contact ISC at 1-866-275-4721 or [email protected].

Serial Property (Applicable to PPSA, SG, CL, SOPA only)

Serial Type Code




validation, this form will be returned to the submitter. If the serial number is correct, despite failing validation, select

Override to proceed.













__________________________________________

Insert control number from Finance Statement

ISCform13/02/2006 Page 1 of 1


33


Additional General Property


Attach this schedule only when supplying additional information with a Financing Statement. If you require assistance, contact ISC

at 1-866-275-4721 or [email protected].

General Property

______________________________________________________________


ISCAGP02132006 Page 1 of 1



34

P-6.2 REG 1

Control # in this is Use this Control # for future

0123456778898 reference regarding this document

Financing Change Statement-Amendment

Form B

Client Reference # _________________________________________

Account Number ____________________________ Password ___________________________

Registrant


Party ID # _________________ - _______ (DO NOT provide name and address if Party ID # is entered.)

OR

Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________

Second Name ______________________________________ Third Name _______________________________________

Generation _______________________ Estate Date of Birth ______________________



City _______________________________________Province/State ____________________________________________


Output



Attention _______________________________________ mandatory Phone # ________________________ mandatory


Fax # _____________________________________

Email Address ______________________________


Ou

tpu

tR

egis

tran

t

ISC FCS 20060216 Page 1 of 5




Cli

en

t

Info

rm

ati

on

Amendment


35


Registration # _____________________ Registration Identification Number (RIN) ___________________ (no spaces)

Transaction Description: (max 250 characters)

___________________________________________________________________________________________________

Reason Code—select only if applicable

Correction to an error made by Registry Staff

Court Order

Compulsory Discharge in accordance with section 50 of The Personal Property Security Act, 1993

Registrar Correction—only applicable to Registrar of SPPR


Court Order Date __________________ mandatory Court Order Judicial Centre ________________________ optional

Court Order # _____________________ mandatory Court Order Writ Amount __________________________ optional

Life Extension/Reduction

Life Extension Life Extension

To be used with PPSA, CL, SG, CI, SOPA To be used with Writs of Execution

Select one option only: Provincial Writ of Execution 10 Years from Judgment Date

Expiry Date dd-mm-yyyy Or Infinity Federal Writ of Execution 6 Years from Issue Date

Or

Years ________ Months _______ Days _________ Judgment/Issue Date dd-mm-yyyy mandatory

Life Reduction Life Reduction

To be used with PPSA, CL, SG, CI, SOPA To be used with Writs of Execution

Expiry Date dd-mm-yyyy Judgment/Issue Date dd-mm-yyyy mandatory

Notations

Applicable to PPSA only (optional) Applicable to Writs of Execution and Maintenance Orders only

Court # _________________________________________ mandatory

Trust Indenture Judicial Centre _____________________________________ optional

Add Delete Writ amount _______________________________________ optional

Secured Party Amendment Block (Execution Creditor; Buyer)

Add Secured Party. (If additional Secured Parties required, complete Schedule 1 to Form B.)


Party ID # _________________ - _______ ( DO NOT provide name and address if Party ID # is entered.)

OR

Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR


Sec

ure

d P

art

y

Am

end

men

t B

lock

Co

urt

Ord

er

Info

rmati

on

Rea

son

Cod

e



36

P-6.2 REG 1

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________







Update/Edit Secured Party

Item # to be updated ___________________________________

Only enter information that is required to be updated:

Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________







Delete Secured Parties

Item # to be deleted __________________ Item # to be deleted ___________________

Enter 5 characters of Last/Business Name ____________ Enter 5 characters of Last/Business Name _______________

Debtor Party Amendment Block (Execution Debtor; Seller)

Add Debtor Party. (If additional Debtor Parties required, complete Schedule 2 to Form B.)



OR

Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________






Country ________________________________________________Postal/Zip Code _______________________________

Deb

tor

Pa

rty

Am

end

men

t B

lock

Sec

ure

d P

art

y A

men

dm

ent

Blo

ck



37


Update/Edit Debtor Party

Item # to be updated ________________________________________


Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________







Delete Debtor Parties

Item # to be deleted ________________ Item # to be deleted ______________

Enter 5 characters of Last/Business Name _____________ Enter 5 characters of Last/Business Name _______________

Serial Property Amendment Block (Applicable to PPSA, SG, CL, SOPA only) (If additional Serial Property required,

complete Schedule 3 to Form B.)

Serial Type Code



Double check your serial number. MV serial numbers will be validated as to structure. If an MV serial number does not

pass this validation, this form will be returned to the submitter. If the serial number is correct, despite failing validation,

select Override to proceed.

Add Serial Property



Add Serial Property



Update/Edit Serial Property





Delete Serial Property

Item # to be deleted __________________________ Item # to be deleted ________________________

Enter serial # _______________________________ Enter serial # _____________________________


Ser

ial

Pro

per

ty A

men

dm

ent

Blo

ckD

ebto

r P

art

y A

men

dm

ent

Blo

ck



38

P-6.2 REG 1

General Property Amendment Block (If additional General Property required, complete Schedule 4 to Form B.)


Delete ALL General Property

Add General Property: _________________________________________________________________________________

___________________________________________________________________________________________________

RIN Amendment Block

Select one option only. If nothing is selected, the default will be “None”.

System Generated Client Selected RIN __________________________(no spaces) None

Authorization

Printed Name ________________________________________________________________________________________



For Office Use only








Card # ________________________________ Expiry Date ___________________________

Amount $ _____________________________ Financial Account #_____________________

Printed Name ________________________________________________________________



OR



RIN

Am

end

men

tG

ener

al

Pro

per

ty

Blo

ckA

men

dm

ent

Blo

ck


39


Additional Secured Parties

Schedule 1 to Form BAttach this schedule only when supplying additional information with a Financing Change Statement. If you require

assistance, contact ISC at 1-866-275-4721 or [email protected]

Secured Party Amendment Block (Execution Creditor; Buyer)

Add Secured Party



OR

Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________







Update/Edit Secured Party



Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________







Delete Secured Parties

Item # to be deleted ______________________ Item # to be deleted ______________________

Enter 5 characters of Last/Business Name ______________ Enter 5 characters of Last/Business Name _____________

________________________________________________________

Insert control number from Financing Change Statement




40

P-6.2 REG 1

Additional Debtor Parties

Schedule 2 to Form B

Attach this schedule only when supplying additional information with a Financing Change Statement. If you require

assistance, contact ISC at 1-866-275-4721 or [email protected]

Debtor Party Amendment Block (Execution Debtor; Seller)

Add Debtor Party. (If additional Debtor Parties required, complete Schedule 2 to Form B.)



OR

Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________







Update/Edit Debtor Party



Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

OR

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________







Delete Debtor Parties

Item # to be deleted ______________________ Item # to be deleted ______________________

Enter 5 characters of Last/Business Name ______________ Enter 5 characters of Last/Business Name _____________

________________________________________________________




41




Serial Property Amendment Block (Applicable to PPSA, SG, CL, SOPA only) (If additional Serial Property required,

complete Schedule 3 to Form B.)

Serial Type Code




validation, this form will be returned to the submitter. If the serial number is correct, despite failing validation, select Override to

proceed.

Add Serial Property



Add Serial Property



Add Serial Property



Add Serial Property



Update/Edit Serial Property





Delete Serial Property

Item # to be deleted _________________________ Item # to be deleted ________________________

Enter serial # ___________________________________ Enter serial # ______________________________________

________________________________________________________


Additional Serial Property





42

P-6.2 REG 1

Additional General Property




General Property Amendment Block—Add

________________________________________________________


ISCAGP02132006 Page 1 of 1


43


Financing Change Statement— Discharge

Form C

Client Reference # ___________________________

Account Number ____________________________ Password ___________________________

Registrant



OR

Business Name _______________________________________________________________________________________

___________________________________________________________________________________________________

Last Name___________________________________________________________________________________________

First Name __________________________________________________________________________________________

Second Name ______________________________________ Third Name _______________________________________

Generation _______________________ Estate Date of Birth ______________________



City _______________________________________Province/State ____________________________________________


Output



Attention _______________________________________ mandatory Phone # ________________________ mandatory


Fax # _____________________________________

Email Address ______________________________


Registration # _____________________ Registration Identification Number (RIN) ______________________ (no spaces)

Transaction Description (max 250 characters)

__________________________________________________________________________________________________

__________________________________________________________________________________________________

Page 1 of 2

Ou

tpu

tR

egis

tran

t




Total Discharge

Cli

en

t

Info

rm

ati

on



44

P-6.2 REG 1

Reason Code – select only if applicable:

Correction to an error made by Registry Staff

Court Order

Compulsory Discharge in accordance with section 50 of The Personal Property Security Act, 1993

Registrar Correction—only applicable to Registrar of SPPR


Court Order Date _________________ mandatory Court Order Judicial Centre _______________ optional

Court Order # ____________________ mandatory Court Order Writ Amount _________________ optional

Authorization

Printed Name ________________________________________________________________________________________



For Office Use only








Card # ________________________________ Expiry Date ___________________________

Amount $ _____________________________ Financial Account #_____________________

Printed Name ________________________________________________________________



OR


Page 2 of 2”.

Co

urt

Ord

erR

easo

n C

od

e

Info

rmati

on

17 Feb 2006 SR 7/2006 s30.


45


FORM A[Subsection 30(1)]

Demand to Secured Party

To: ____________________________________________________________________________________________________________(name of secured party)

1 A Financing Statement was registered in your favour and assigned registration number __________________________

on the ___________ date of ___________________________ , 19 _____ at the Personal Property Registry.

2 I am named as the debtor in the Financing Statement.

or

I have an interest in property that falls under the collateral description in the Financing Statement as follows:

____________________________________________________________________________________________________________(describe interest)

____________________________________________________________________________________________________________

3 Pursuant to section 50 of The Personal Property Security Act, 1993, you are hereby required, not later than 15 days afterthis demand is given:

(a) to register a Financing Change Statement for the purpose of ________________________________________________

________________________________________________________________________________________________________(describe type of change demanded, ie., discharge or amendment of collateral description)

or

(b) to provide to the Registrar an Order of the Court confirming that the registration need not be amended or discharged.

4 If this demand is not complied with, I intend to submit a Financing Change Statement for the registration pursuant tosection 50(5) of The Personal Property Security Act, 1993.

Dated this__________________ day of ___________________________________ , 19 _________ .

Person giving Demand: _________________________________________________(signature)

Appendix B

Repealed. 17 Feb 2006 SR 7/2006 s31.

Appendix C



46

P-6.2 REG 1

FORM B[Subsection 30(2)]

Proof of Demand Statutory Declaration

I, ______________________________________________________________________________________________________________

of _________________________________________ in the Province of __________________________________ , _______________ .(address) (postal code)

DO SOLEMNLY DECLARE THAT:

1 A Financing Statement was registered in the Personal Property Registry and assigned registration number ________

on the __________________ day of ___________________________________ , 19 _________ .

2 I am named as the debtor in the Financing Statement.

or

I have an interest in property that falls under the collateral description in the Financing Statement as follows:

_______________________________________________________________________________________________________________________________________(describe interest)

3 Attached to this declaration and marked as Exhibit A is a copy of the Demand to Secured Party, which was given to

____________________________________________________________________________________________________________(name of secured party)

4 Service of Exhibit A was effected on the secured party on _____________________________________________ , 19 _____

by_______________________ as evidenced by the proof of service attached to this declaration and marked as Exhibit B.(Attach post office receipt or affidavit verifying service in some other authorized manner.)

5 The prescribed 15-day period for registering a Financing Change Statement or providing an Order of the Court to theRegistrar has expired.

6 I have the authority to submit for registration a Financing Change Statement pursuant to section 50 of The PersonalProperty Security Act, 1993.

AND I MAKE THIS SOLEMN DECLARATION CONSCIENTIOUSLY BELIEVING IT TO BE TRUE AND KNOWING THATIT IS OF THE SAME FORCE AND EFFECT AS IF MADE UNDER OATH.

Declared before me, ______________________________________

at the _____________ of ___________________ in the province of _________________________________________________(signature)

___________________ on __________________________ , 19 __ .


47


20



48

P-6.2 REG 1


49


FORM E[Subsection 38(4)]

Affidavit of Execution

PROVINCE OF SASKATCHEWAN

TO WIT:

I, ________________________________________ , of ___________________________________________ MAKE OATH AND SAY:(here state address and occupation)

1 That I was personally present and did see _________________________________________________ , named in the within(or annexed) Instrument, who is personally known to me to be the person named in that instrument, duly sign and executeit for the purposes named in it.

2 That the instrument was executed at the City of __________________________________________________________ in the

Province of ____________________________________________________________ , and that I am the subscribing witness to it.

3 That I, _________________________________________ , know the said __________________________________________ and

he/she is in my belief 18 years of age or more.

SWORN BEFORE ME AT

______________ in the province of _________________________ _________________________________________________(signature)

this __________ of ____________________ , 19 __________ .

____________________________________________________A Commissioner, etc. (or as the case may require)

FORM F[Subsection 38(4)]

Affidavit Verifying Notice

PROVINCE OF SASKATCHEWAN

TO WIT:

I, ________________________________________ , of ___________________________________________ MAKE OATH AND SAY:

1 That I am the duly authorized agent of the secured party named in the notice attached to this affidavit, and have afull knowledge of the facts set out in it.

2 That the statement of facts set out in the notice is true.

SWORN BEFORE ME AT

______________ in the province of _________________________ _________________________________________________(signature)

this __________ of ____________________ , 19 __________ .

____________________________________________________A Commissioner, etc. (or as the case may require)

20

20

_____________________________ of _______________________________________ ,



50

P-6.2 REG 1

FORM G[Subsection 40(1)]

Demand to Discharge (Fixtures or Crops)

To: ___________________________________________________________________________(name of secured party)

1. Notice of Security Interest was registered in your favour as interest number_____on the________ day of ____________ ,__________ , in the Land Titles Registry againstthe land described as follows:

2. I am named as the debtor in the notice of Security Interest.

or

I have an interest in the land as follows: _________________________________________pursuant to title or interest number ____________________________________________ .

3. Pursuant to section 49 of The Personal Property Security Act, 1993, you are herebyrequired, not later than 15 days after this demand is given, to submit for registration:

(a) an amendment or discharge of the interest for the purpose of

______________________________________________________________________

______________________________________________________________________

or

(b) an Order of the Court confirming that the registration need not beamended or discharged.

4. If this demand is not complied with, I intend to submit an amendment or dischargeof the interest pursuant to subsection 49(9) of The Personal Property Security Act, 1993.

Dated this __________ day of ______________ , 20 _________ .

Person giving Demand: ___________________________________(Signature)


51


FORM H[Subsection 40(2)]

Proof of Demand (Fixtures or Crops)

I, _____________________________________________________________________________

of ____________________in the Province of _____________________ , _______________(address) (postal code)

DO SOLEMNLY DECLARE THAT:

1. A Notice of Security Interest was registered in the Land Titles Registry as interestnumber ________________________ against the following land:

______________________________________________________________________________

______________________________________________________________________________

2. I am named as the debtor in the Notice of Security Interest.or

I have an interest in the land as follows:

______________________________________________________________________________

______________________________________________________________________________

pursuant to title or interest number .

3. Attached to this declaration and marked as Exhibit ‘A’ is a copy of Demand toSecured Party, which was given to______________________________________________ .

(name of secured party)

4. Service of Exhibit ‘A’ was effected on the secured party on _________ , __________(date) (year)

by ____________________________________________________________________________(describe method of service)

as evidenced by the proof of service attached to this declaration and marked asExhibit ‘B’.

(Attach post office receipt or affidavit verifying service in some other authorizedmanner.)

5. The 15-day period for applying to amend or discharge the registration of theinterest, or for registering an Order of the Court, has expired.

6. I have the authority to apply to amend or discharge the registration of the interestpursuant to section 49 of The Personal Property Security Act, 1993.

I make this solemn declaration believing it to be true and knowing that it is of the sameforce and effect as if made under oath and by virtue of the Canada Evidence Act.

DECLARED before me at

___________________________________ , in the

Province of ________________________________

this ____ day of , _______________ 20 _______ . _________________________________(Signature of Declarant)

__________________________________________A Commissioner, etc. (or as the case may be)

17 Feb 2006 SR 7/2006 s32. Consolidated to March 6, 2006


52

P-6.2 REG 1

REGINA, SASKATCHEWAN

Printed by the authority ofTHE QUEEN’S PRINTER

Copyright©2006

Appendix D

TABLE 1[Clause 13(1)(a)]

Codes for Serial Numbered Items

CODE ITEM

AC Aircraft - Department of Transport (Canada)AS Aircraft serial numberBO BoatOM Outboard motorMH Mobile homeMV Motor vehicleTR Trailer

17 Feb 2006 SR 7/2006 s33.

Appendix E

TABLE 1[Section 35]

Fees

Repealed. 26 Mar 2004 SR 9/2004 s4.


Documents

The Personal Property Security Regulations